From Mirror Online: 2024-06-19 06:45:00

Nvidia’s stock price jumped over 3% to almost $136, making it more valuable than Microsoft. The company has now been crowned the world’s most valuable company, surpassing Apple and Microsoft in valuation. The demand for Nvidia’s computer chips for AI software has been on the rise, driving up sales and profits significantly.

With a market valuation of 3.34 trillion dollars, Nvidia’s shares have surged more than 180% since the beginning of the year. The company’s focus on AI technology and the increasing adoption of generative AI products have contributed to its exponential growth in the tech sector. Investors are optimistic about the potential for continued earnings growth.



Read more at Mirror Online: Nvidia’s stock hits record high, overtaking Microsoft as globe’s most valuable firm